THIS IS THE OFFICIAL OBELISK INTERNATIONAL BLOG: A COLLECTION OF PRESS RELEASES, ARTICLES AND OTHER USEFUL CONTENT PROVIDED BY OBELISK INTERNATIONAL. OBELISK INTERNATIONAL PROVIDES INVESTORS WITH OPPORTUNITIES TO INVEST IN CAREFULLY SELECTED REAL ESTATE PROJECTS FROM AROUND THE WORLD.

Friday, September 07, 2007

Obelisk International Recognised as Key Partner in Brazil Property Investment

Luiz Felipe Cavalcante from the Association for the Real and Tourism Development (ADIT Nordeste) has commended Obelisk International as a strong partner in Brazil property investment, for the growth and awareness of the northeast region of Brazil.

ADIT’s major role as a non-profitable organization is to verify credibility and security for international investors. Members of which include renowned national and international companies working in conjunction with influential government officials to attract foreign capital for the development of the area. According to a recent study of Brazil property investment by ADIT, US$8 billion will be invested in 80,000 properties in northeast Brazil over the next 8 years.

Luiz Felipe Cavalcante comments ‘We are pleased with Obelisk International’s interest in the Brazilian market and its vast potential. We have witnessed that Obelisk International not only searches for the best partners and projects, but also for optimizing clients’ investment returns. We believe that these are the main factors necessary for offering excellent investment opportunities in Brazil to investors. We consider them a key factor in the further growth of the real estate market in North Eastern Brazil.’

‘Brazil offers excellent opportunities for growth in tourism-related real estate development. The professionalism of domestic players in the sector, a strong and transparent regulatory framework and a robust macroeconomic environment offer unparalleled opportunities for foreign investors. Because of this, we believe that Europeans will soon begin to capitalize on the great potential of Brazil’s tourism and real estate markets’.

In a recent statement Mr Rodrigo de Rato, Managing Director of the International Monetary Fund, said ‘I am impressed by the performance of the Brazilian economy whose growth rate has been increasing strongly. Brazil's economic outlook is also favourable. Continued sound macroeconomic policies, backed by the government's Growth Acceleration Program and other ongoing structural reforms, should entrench a virtuous circle of rising investment and growth.’

The expansion of tourism-related real estate investment in northeast Brazil is not merely the result of its stunning beaches and tropical climate; the country is now the largest economy in Latin America and coupled with a stable democracy and much improved infrastructure, is very foreign investor friendly. The falling interest rates and simplified policies on both profit and overseas capital have made Brazil property investment even easier and as such Brazil has seen a marked increase in foreign direct investment.

Obelisk International believes Brazil property investment, in particular the north eastern regions, to be a shrewd investment area with a bullish ROI achievable.
Kevin Prior, Investment Director at Obelisk International comments ‘Obelisk identifies only the best, strategic emerging areas and countries, Brazil for one is certainly no exception to our rule of a successful strategic investment market with our investors buying in multiples. The early, astute investor can benefit greatly from property investment in cities such as Maceio for example. Currently an internal tourism playground and a firm favourite for Brazil’s second home buyers Maceio is certainly opening its doors to the international community and tourists can now fly direct from northern Europe into Maceio’s expanding international airport - all of which makes for a great opportunity to add Brazil property investment to an investment portfolio.’

For more information on Brazil property investment and to find out about Obelisk International’s latest projects, contact: Obelisk International on 0808 1600670 or email info@obeliskinternational.com or visit our website http://www.obeliskinternational.com/

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